Bitstamp Exchange Collaborates With Masterpayment Payment Service

The largest bitcoin exchange in Europe in trading volume Bitstamp announced partnership with an independent payment e-commerce service Masterpayment in order to simplify the process of purchasing cryptocurrency using credit cards, as well as to increase the speed of transactions while maintaining a high level of security.

"We always wanted to simplify access to the cryptocurrency market, while maintaining a high level of security. Partnership with Masterpayment will help us to implement our plans,” said the head of business development Bitstamp Miha Grcar.

Bitstamp users can still buy cryptocurrencies such as Bitcoin, Ethereum, Litecoin and Ripple using Visa or Mastercard debit cards for euro and dollars.

Also, within the framework of the partnership, standardized 3D Secure procedures and special mechanisms for preventing fraud in payment gateways between Masterpayment and Bitstamp. This will provide enhanced risk control and efficient transaction monitoring.

We are proud to work with Bitstamp and hope for a long-term partnership in the field of cryptocurrency. User demand for various payment services is growing, and we intend to meet,” said managing Director Masterpayment Christian Mangold.

Earlier, the Bitstamp Exchange and Credit Agricole Bank signed a partnership in order to allow investment funds to receive and store bitcoin via asset management CACEIS.